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Image header Agence Europe
Europe Daily Bulletin No. 9395
GENERAL NEWS / (eu) eu/ecofin

Directive on prudential assessment of mergers and cross-border stakes in financial services is on track

Brussels, 27/03/2007 (Agence Europe) - On Tuesday 27 March, the Ecofin Council marked its political agreement on the proposed directive on the prudential assessment of acquisitions and stake increases in financial sector entities (see EUROPE 9263). Poland, which did not lift a final reservation on one aspect of the text, voted against and asked for a declaration to be annexed to the minutes of the meeting of the European finance ministers. The political agreement of the Council takes up the...

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